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Big Business

Rakuten CEO Highlights Telecom Division’s Role in AI-Driven Growth

Hiroshi Mikitani, founder and CEO of Rakuten Group Inc., has underscored the critical role of the company’s telecommunications division in driving growth through artificial intelligence. Despite entering Japan’s wireless market four years ago, Rakuten has continued to report financial losses. Mikitani stated that the mobile division, which now serves over...
Money and WealthStats Gate

Richest People Increase Their Wealth 3 Times Faster This Year – Irish Billionaires Reach New Heights

Wealth accumulation among Ireland’s billionaires saw a staggering rise in 2024, increasing by an estimated $13.4 billion—equivalent to roughly $36.7 million per day. Oxfam reported that the collective wealth of Irish billionaires could cover Phoenix Park with €50 notes nearly 1.5 times over. The year also saw the addition of...
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